EternalCoin:Summary

The Eternal Coin is a Long Finance thought experiment that speculates on whether a coin that never loses value could exist and, if such a coin could exist, how might it be constructed.

Michael Mainelli writes that "the more that money is a medium to exchange value across more space and more time, the more uncertainty it must contain. At the extreme, an Eternal Coin, a coin that will always be accepted at never lose its value, must simultaneously connect us with all the risks of geography and time, and all the uncertainties society holds about the future". [1]

Gary Wright replies, "Maybe the search for the eternal coin is what we have all been involved with and a Utopian objective that will never be realised but must be tried." [2]

Malcolm Cooper has written a "history" of the eternal coin, which he presented to a seminar at Gresham College.

Richard Veryard has written a brief review of Malcolm's history from a systems thinking perspective. [3]